Shifts in U.S.–China trade relations have accelerated the restructuring of global supply chains, prompting companies to adopt a “China Plus One” strategy or pursue broader global diversification to mitigate risks and enhance operational resilience.Many companies are relocating or diversifying their manufacturing operations to alternative or strategic locations such as Vietnam and Mexico, while also exploring emerging opportunities in Eastern Europe, Africa, and other markets.These developments have contributed to the rise of ASEAN and other regions as increasingly important global manufacturing hubs. At the same time, companies face the challenge of balancing operational efficiency with supply chain de-risking and resilience.As businesses expand their global footprint, they must also navigate different regulatory environments, tax regimes, labor practices, cultural considerations, and management models across multiple jurisdictions. Developing an appropriate global supply chain strategy has therefore become an increasingly important part of long-term business planning and risk management.